AuditingLaajuus (5 cr)

Objective

You know how to determine when a performance audit or statutory audit is mandatory for different types of companies and organisations.
You know how to explain the steps of the audit process.
You are familiar with and know how to prepare audit documents, including the audit plan, notes on audit findings, and various audit reports.
You know how to define the differences between external auditing and internal auditing in companies and organisations.

Content

When is a performance audit or statutory audit mandatory for different types of companies and organisations?
What are the steps in the audit process?
How are audit documents prepared, such as the audit plan, notes on audit findings, and various audit reports?
How does internal auditing in companies and organisations differ from statutory auditing?

Qualifications

You demonstrate familiarity with the basic concepts of bookkeeping, financial statements, and value-added taxation (VAT).
You can prepare bookkeeping and financial statements for an SME in compliance with legislation, utilising bookkeeping software.
You can interpret the statutory reports generated from your bookkeeping.

Evaluation

Students can
a. use professional vocabulary in different situations.
b. justify the information sources in a critical way.
e. choose appropriate models and methods.
g. apply critically the ethical principles of the professional field in different situations.